Proven Upside of ~$129+ Per Unit Through Loss-to-Lease Recapture

Willowpark Apartments enables the ability for a new investor to capture significant upside without having to spend substantial capital. With a rent upside model that has already been proven at the asset level, new ownership can easily take advantage of this value-add opportunity by capturing additional revenue without additional costs via raising rents to market levels during lease renewal.

Proximate to Major Area Demand Drivers & Fort Sill Army Base 

Located fewer than 15 minutes from the Fires Innovation Science and Technology Accelerator (FISTA), Willowpark Apartments is well-positioned near major area demand drivers, including the Fort Sill Army Base. With the conversion of nearby Central Plaza Mall into a Military Tech Innovation Center expected to drive high-tech job growth with an additional 205 jobs in the first two years alone, the impact on the local economy is expected to be approximately $50 million. Due to its close proximity to Fort Sill Army Base, the development is expected to draw interest from military, technology, and science companies for collaboration on future technologies, which will continue to drive apartment demand for the foreseeable future.

Exceedingly Well-Maintained Asset | Strong Historical Operations

Willowpark Apartments reflects strong historical occupancy and collections with healthy trailing operations. Due to the exceedingly strong in-place fundamentals, new ownership will have the ability to focus on recapturing loss-to-lease and improving top-line revenue.